Unless otherwise agreed with you, such as within the Terms and Conditions for application to The Forthplus SIPP, we will normally only collect basic personal data about you, which does not include any special categories of personal information about you (often known as “sensitive personal data”).
This information does, however, include your name, gender, addresses, email address, phone number(s), date of birth, National Insurance number, marital status, your spouse/civil partner’s name and date of birth, and details of any pensions you may wish to transfer to The Forthplus SIPP, any intended contributions you may wish to make to the pension scheme, how you may be considering investing and to whom you may wish to leave your pension in the event of your death. We may also hold Anti-Money Laundering documentation for you such as copy passport and utility bill, copies of benefit statements from other pension providers and evidence of source of funds, such as bank statements or salary statements where contributions are being made.
Although we may come across personal data during the process, the need to collect sensitive personal data will only ever arise when, in processing your application, we discover information and subsequent questions, that will require sensitive personal data to answer. We require your explicit consent to process this sensitive personal data and therefore will contact you directly when collecting and processing the information, and the provision by return will confirm your consent, should this need arise.
WHY WE NEED IT
During initial prospecting of membership of The Forthplus SIPP, we may be provided with this information to provide you and your financial adviser with application documentation and illustrations, to assist you in considering an application to The Forthplus SIPP and to assist in the application process should you decide to proceed.
Furthermore, should you proceed with the application for membership, we will require the information to be able to provide you with the product you are applying for and to be able to meet our own legal obligations with respect to the provision of the product.
We need to have basic personal data in order to carry out lawful obligations arising from contracts entered into between you and Forthplus and to provide you with the information and services that you have requested from us. We will never collect any personal data from you that we do not need in order to provide and oversee the services we have agreed to provide you with.